• FHFA reports clean GAO audit for fiscal year 2025,Sarah Wolak

    FHFA reports clean GAO audit for fiscal year 2025

    The Federal Housing Finance Agency (FHFA)’s annual Performance and Accountability Report was published on Friday, revealing that the agency received clean audit results for fiscal year 2025 from the Government Accountability Office (GAO). The report disclosed that the GAO did not find any “material

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  • Tapping a 401(k) for homeownership is risky business, experts say,Jonathan Delozier

    Tapping a 401(k) for homeownership is risky business, experts say

    President Donald Trump has floated proposals to make it easier for Americans to pull from their 401(k) retirement accounts to buy a home — framing the idea as a way to boost homeownership and financial stability. But financial experts say the strategy could undermine long-term financial security, pa

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  • AmeriTrust hires Shea Pallante as it preps for correspondent lending launch,Flávia Furlan Nunes

    AmeriTrust hires Shea Pallante as it preps for correspondent lending launch

    AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume. A mortgage industry veteran, Pallante joins AmeriTrust from n

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